Loans Grab the Limelight

Loans Grab the Limelight

Loans

Forget bonds and equity. The Latin bank market is the place to be for chief financial officers looking to cut costs, raise working capital and trade finance or make a jumbo acquisition. New investment, debut borrowers, project finance and M&A should keep deal volume running at a steady clip in 2007. "It's a defining year for Latin America," says the head of Latin American loan syndications at a leading European house. "There's still a great deal of liquidity and the region is performing well." In 2006, the Latin bank market enjoyed bumper volume of close to $60 billion, skewed by jumbo M&A. Bankers expect another strong year in 2007. CVRD thought big and dug deep to raise $18 bil

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